Sterling Strengthens Ahead of BOE Meeting Overview of Sterling Movement The British pound (GBP) continued its upward trajectory against major rivals on Wednesday, marking its third consecutive session of gains against the US dollar. This surge was...
General Points about NZDUSD: We have observed that recent U.S. dollar news events are benefiting the U.S. dollar the most, strengthening its position in the financial markets. This consistent support for the U.S. dollar has created significant...
Strong US NFPs suggest another rate cut in December After the release of US nonfarm payrolls, all eyes are always on the Federal Reserve’s policy moves. According to the US Bureau of Labor Statistics, the number of jobs significantly increased in...
GBP / USD: A Trading Road Map It is a good scenario for the bulls of GBPUSD in which they hit the 1.2691 level yesterday. This move suggests that there is still some strength in the pair, and the bulls have managed to push prices to this key level....
USD/CAD Here’s my take on USD/CAD for today: Technical Viewpoint: The pair is trading close to 1.3600, a key support level. If this level breaks, I expect the next support at 1.3550 to be tested. On the upside, 1.3660 is the immediate resistance,...
